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Showing 21 - 30 of 4494 results for "Case"

Government consults on discretionary trust tax

MATTHEW WAI  |  THURSDAY, 9 JUL 2026
The government is consulting on the minimum tax on discretionary trusts set to come into effect 1 July 2028. Announced during the 2026 Federal Budget, Treasury is now seeking industry feedback on the incoming tax around the expanded rollover relief ...

HESTA, Cbus, Mercer report super returns

RIDDHIMA TALWANI  |  MONDAY, 6 JUL 2026
HESTA, Cbus and Mercer have delivered strong returns for members over the financial year 2025-26 despite global uncertainty, attributing it to their diversification strategy. HESTA's MySuper Balanced Growth option delivered 9.46% returns whereas Cbus ...

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
The Compensation Scheme of Last Resort (CSLR) has increased the estimated FY27 levy to be paid by the financial services sector to $198.1 million, a $60.7 million increase from its initial estimate announced in November 2025. The latest update expects ...

Perpetual rejects $2.5bn takeover offer

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
... structurally challenged businesses with some trophy assets that PE interest will eventually appear - or reappear in this case."

Tribunal shortens financial adviser's five-year ban

KARREN VERGARA  |  WEDNESDAY, 1 JUL 2026
... to BNR Financial Services, according to LinkedIn. "ASIC has not alleged dishonesty, fraud, or intentional misconduct in my case. The concerns raised relate to compliance and competence judgements, not integrity. I accept both parts of that: I am relieved ...

WA director admits investor deception

VINNY VUCAGO  |  TUESDAY, 30 JUN 2026
... matter has been adjourned to the Perth District Court and is scheduled to return on 21 August 2026 for a sentence mention. The case is one of several recent criminal prosecutions pursued by ASIC targeting the misuse of investor funds and director misconduct ...

Advice fee spike raises super concerns: SMC

VINNY VUCAGO  |  MONDAY, 29 JUN 2026
... advice fee deducted is always reasonable and proportionate, and that the oversights are universally high to ensure that is the case," she said. The analysis also found SMSFs with balances of $100,000 or less delivered average annual investment returns ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... for patterns or irregularities, including those designed to bypass controls. Contant gave the example of one "disturbing" case where a trustee failed to take further action for 13 months after becoming aware of suspicious activity from a representative ...

ASIC sues three Keystone Asset Management directors

KARREN VERGARA  |  FRIDAY, 26 JUN 2026
... responsibilities under law, including in relation to the management of conflicts, very seriously." ASIC alleges this was not the case and funds were transferred without basic safeguards, including proper security, valuations, oversight or management ...

ASX to focus on pattern of problematic behaviour in listed entities

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
ASX has told listed companies it intends to focus on repeated conduct to ramp up a company's share price through inappropriate use of the market announcements platform. In its Listed Entity Supervision Report 2026, ASX noted over the last 18 to 24 months ...